Canada Faces Mild Recession: Key Sectors and Jobs at Risk

Deloitte Canada forecasts a mild recession for Canada in the latter half of the year, driven by tariffs and trade uncertainties. Chief economist Dawn Desjardins highlights the sectors and jobs most vulnerable to these economic shifts. The Canadian economy experienced a slight contraction of 0.1 percent in April, following a 0.2 percent growth in March, raising concerns over the impact of the U.S. trade war. A recession is officially marked by two consecutive quarters of negative growth. Stay informed on the latest economic trends and what they mean for you.